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20121208
20121208
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of the top six in california, plus new york and the pricy suburbs in connecticut. in the big apple, someone with the median income of 68=thousand dollars could afford less than 30 percent of the homes. in san francisco, incomes are higher, but so are home prices. more than two=thirds of the homes are too expensive for a median=income buyer. orange county is third on the national list. followed by los angeles and connecticut's fairfield county. san jose rounds out the top six, despite a high median income of 105=thousand dollars. real estate is too expensive there for more than 50 percent of the residents. grant lodes, kron 4 news. today is the 71st anniversary of the date that will live in infamy. december 7th, 19-41 was when the japanese attacked pearl harbor. a moment of silence today in hawaii, followed by a fly- over, marked the exact time when the bombing began. the surprise attack killed about 24-hundred people and brought the u-s into world war two. dignitaries and veterans at this ceremony in hawaii pledged that future generations would know about those who gave their lives that day
, connecticut and in new york, and they're in california and illinois. a lot of places where democrats govern, because they have the most deductions at the federal level. >> well, as we've explained many times, the amount of money he can get from his tax rates on the rich, even if he got his buffet tax, it does nothing to solve the deficit problem. so, he knows eventually taxes are going to have to hit the middle class. a number of ways to do that, one is a vat tax, a carbon tax on energy and another is raising income rates on everyone, and if he can blame that on republicans, this might be the way to get na started. >> i'm going to have to disagree on the politics of what james says, dan. i think the president can't let that alternative minimum tax hit because the pressure from his own party and from senators up for reelection in 2014, the democrats, would be enormous. >> i kind of agree, james, i think that would be an achilles heel for the democrats, the third rail as we say, they don't want to go, i agree with you, paul, that the game here is to hang this on the republicans, and then pitc
from new york, new jersey and connecticut alone say they will need closer to 82 billion to fix their states. >>> we don't know their names, but a couple from a phoenix suburb has presented the second winning ticket from last month's massive powerball drawing. the couple came forward now because they were concerned about, guess what, the looming fiscal cliff. they will take home 192 million bucks before taxes, and the plan is to use the money to start a foundation and support their favorite charities. >>> more people out of work, and another recession. you want to know what's at the bottom of that fiscal cliff, well, there you have it. many say that what's going to happen if something isn't done soon, but guess what? alice rivlin has a plan. she's a senior fellow at the brookings institution and served as director of the white house office of management and budget, the omb, under president clinton. alice, good morning. >> good morning. >> nice to have you here on the show this morning. you're saying that it's too late for the lame duck congress to pass legislation to fix all the
and connecticut. that storm devastated coastal communities in the northeast. governors of those three states estimate that combined damage from the sandy topped $80 billion. >> secretary of state hillary clinton will testify before congress about september's deadly attack on the u.s. consulate in benghazi libya. four americans including u.s. ambassador christopher stevens were killed. the attack raised questions about the security of the consulate and clinton's testimony will coincide next week with the release of a report by an independent panel. >>> the winner of the other half $587 million powerball jackpot is a man from a wealthy phoenix suburb. he wants to remain anonymous and wants his money now. the jackpot was the second largest in the nation's history. the winner bought $10 in tickets. he and his wife will take the cash option. because of the uncertain tax situation posed by the impasse of the fiscal cliff. >> good call. clarendon, pennsylvania has a throat cheer about. it's powerhouse high school football team was featured on the cbs evening news on thursday
Search Results 0 to 3 of about 4